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May 19, 2024 |
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| Home > Small Business Lenders by State > Michigan Business Loan Sources > Columbus, Business Loans > Irwin Union Bank & Trust Columbus Business Loans > Metal Coating, Engraving And Allied Services Loan | ||||
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Allegan, Michigan Bank Loan
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Loans for Metal Coating, Engraving and Allied ServicesWith these loans for metal coating, engraving and allied services, the SBA guarantees the lender that the loan will be repaid. This metal coating, engraving and allied services loan for $75,000 was given to a Michigan entrepreneur in 2005. This company knew how to go about getting a business bank loan. Based in Allegan, Michigan, they applied for and were awarded an SBA-guaranteed loan in 2005. The lending bank was Irwin Union Bank & Trust, based in Columbus, Indiana. SBA Loan Borrower COMPANY TYPE: METAL COATING, ENGRAVING AND ALLIED SERVICES SBA Loan Lender IRWIN UNION BANK & TRUST This was an SBA Express loan. SBA Express Loans allow small business owners to get up to a 50% SBA guaranty on a loan. The maximum amount for an SBA Express Loan is $350,000. SBA Loan Program Type This loan was issued under the SBA Fast Track program, which later was renamed the SBA Express loan program. NAICS Code 332812 - Metal Coating, Engraving and Allied Services Loan Approval Date 11/30/2005 Loan Approval Gross Amount $75,000 Loan Approval from the SBA Of the total $75,000 loan amount, the SBA guaranteed $37,500. More Information on This SBA Loan The borrower borrowed this money for an existing business. This loan was not for a franchise. At the time of the loan, the company had only one employee. This SBA loan request indicated that the loan would help generate 10 new jobs and retain 11 existing jobs. Getting an SBA Loan For Your Business If you need money to start a business or need money to grow a business, an SBA loan can be a great way to raise money This company got an SBA loan. You can too! Maybe you need seed money for business? Maybe you want money to buy a franchise? Regardless of why you need money, guaranteed SBA loans may be the right answer for you. About This SBA Loan Information: All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ. Related Links: SBA Participating Banks in Columbus, Indiana
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